Question

Technology has allowed banks to conduct transactions over the internet, also known as eBanking, and to more easily merge into larger banks.Traditionally, bankers and their customers dealt in face-to-face transactions that allowed the assessment of trust on the basis of physically observed information.
While some banks have resisted change due to the traditional personal relationships they have had with customers, electronic commerce dramatically reduces transaction costs, use of paper, and the need for personnel to deal with customers face-to-face.The recent financial crisis in the banking inTechnology has allowed banks to conduct transactions over the internet, also known as eBanking, and to more easily merge into larger banks.Traditionally, bankers and their customers dealt in face-to-face transactions that allowed the assessment of trust on the basis of physically observed information.
While some banks have resisted change due to the traditional personal relationships they have had with customers, electronic commerce dramatically reduces transaction costs, use of paper, and the need for personnel to deal with customers face-to-face.The recent financial crisis in the banking in

Answer 1

Nice exert, but what is the question to be answered here?

Answer 2

• Do you think that eBanking's efficiencies are worth the reduced personal contact with banks and work force reductions?
• Do you think that there is a connection between the demise of the local bank and the banking crisis? If so, what are the implications for the future?

Answer 3

This questions seem more of DIY or Think it trought yourself type of questions...

Answer 4

It seems like bare reading comprehension more than anything... and self opinion from the reader itself, so there's no right or wrong answer.